Kraken shutting down its NFT marketplace just a year after its launch
Kraken will shut down its NFT marketplace, transitioning to withdrawal-only mode in Nov. 27. Users can withdraw NFTs until February 2025, but can’t list or trade after Nov. 27. The…
Regulated buy-and-sell arm of Binance, Binance Connect, shutting down
Biswap already announced turning off Binance Connect on their website at 01:00 PM UTC, August 15, 2023. Binance made the difficult decision after its provider closed the supporting card payments…
Silvergate shares tumble after company says it’s shutting down crypto bank
Silvergate shares fell sharply after news the crypto-friendly bank would be winding down operations. The company says it will issue full repayments of all customer deposits. Silvergate has been in…
What does BUSD shutting down mean for the crypto industry? A deep dive
Key Takeaways The SEC is suing Paxos, the issuer of Binance’s stablecoin, BUSD The stablecoin is to be phased out, with no new tokens minted Over $1 billion has been…
Shutting down Tornado Cash may be unconstitutional, says Kraken’s CEO
The CEO of Kraken believes that the shutting down of Tornado Cash by the… The post Shutting down Tornado Cash may be unconstitutional, says Kraken’s CEO appeared first on CoinJournal.